How much do you need to be happy?

A real life question…How much do you need to make you real happy? The answer is not that much. According to a recent research about this topic, it turns out that a lot of American don’t think money can really buy them happy and they don’t need a CEO paycheck or even a six figure paycheck in order to make them smile.

A survey from the CNNMoney’s American Dream that was conducted by ORC International, half of the people surveyed said it would take less than $100,000 and nearly a quarter of the people said between $50,000 to $74,999 can do the tricks. A study from Princeton found that “emotional well being” rose with income but not much beyond over $75,000.

From this study, it shows money can definitely bring people happy but only in certain point and the rest comes from other factors such as a successful work performance, family etc.

The survey also shows 6% of the people said money can’t buy them happy at all. In the high end of the of scale, 23% of the people said money can bring them happy only it falls into the range of $100,000 to $199,999.

Now, “How much does it take to be rich” and the answers from the same group of people most fell into $100,000 to $199,000 range. It was not surprise that most people think a six figure paycheck will make one feel rich. In fact, 60% of the surveyed people thought income under $250,000 would be enough and in the upper side, only 11% of the people thought they need to make at least $1 million in order to consider themselves rich.

This is a very interesting study letting us know what others think about the important of money. Whether you think money can really bring you happy or not, It’s just a part of our life, there is no reason that we need to keep chasing money just for satisfying our mind set.